Market News
HDFC Bank Q3 Results | HSBC has lowered its FY26-27 EPS estimates for HDFC Bank by 4-5%, citing lower loan growth and pressure on net interest margins (NIM). Despite this, none of the analysts covering HDFC Bank have assigned it a “sell” rating after the December quarter results. Analyst ratings Q3 highlights Brokerage views Stock … Read more
Trent Share Price | The stock market witnessed a massive correction on Tuesday, January 21, 2025, with the Sensex falling over 500 points. Amid this market crash, Tata Group’s Trent Ltd emerged as a major loser, with its stock falling over 5% to hit a day’s low of ₹5,782. Despite Trent’s earlier strong performance in January, … Read more
Reliance Power Share Price | Reliance Power Limited shares have again attracted attention, with the stock trading at ₹40.28 on Tuesday, January 21, 2025, showing a decline of 1.23%. Meanwhile, the company has announced an important update regarding its leadership. Appointment of new CEO and Executive Director In an announcement made to the stock market, … Read more
Vedanta Share Price | Fitch Ratings Agency has recently upgraded the credit rating of Vedanta Resources Limited, the parent company of Vedanta Limited, as refinancing risk has reduced significantly. This development has once again brought Vedanta Limited shares in the spotlight. Current Status of Vedanta Share Price Vedanta Limited shares were trading marginally lower by … Read more
MCX Share Price Shares of Multi Commodity Exchange (MCX) declined 7.9% on January 21, 2025, hitting an intraday low of ₹5,540, even as the company reported strong Q3FY25 financial results. At 10:02 am, the stock was trading at ₹5,552.15 on the BSE, down 7.73%. This decline was in contrast to the broader market, as the … Read more
Zomato Shares Zomato has shown consistent growth in India’s food delivery and quick grocery sectors, driven by changes in consumer preferences and urbanisation. Platforms such as Zomato and Swiggy dominate the market, offering diverse food options and quick grocery delivery through BlinkIt and Swiggy Instamart. As the industry expands, innovations such as AI-powered logistics and … Read more
Dixon Share Price Shares of Dixon Technologies fell 10% to ₹15,806 per share on January 21 despite a strong performance in the December quarter (Q3FY25), as valuation concerns impacted financial results. The company reported a 77.5% year-on-year rise in consolidated net profit to ₹171.19 crore from ₹96.44 crore in Q3FY24. However, sequentially, net profit declined … Read more
Laxmi Dental Share Price Laxmi Dental IPO made a stellar debut on Monday, listing at a premium of over 23% to its issue price of Rs 428. On the Bombay Stock Exchange (BSE), the stock opened at Rs 528, reflecting a gain of 23.36%, while on the National Stock Exchange (NSE), it opened at Rs … Read more
Kotak Bank Share Price Shares of Kotak Mahindra Bank Ltd rallied over 9% on January 20, following strong Q3 FY25 results, prompting multiple upgrades by analysts. The bank reported a 10% year-on-year rise in net profit, a 7% sequential decline from Rs 5,044.05 crore in Q2 FY25. Interest income grew 14.75% to Rs 16,633.14 crore … Read more
Vodafone Idea Shares Shares of Vodafone Idea Limited jumped 15% on Monday, January 20, hitting an intraday high of ₹14. This significant price movement comes after reports that the central government may announce a partial waiver of adjusted gross revenue (AGR) dues during the Union Budget 2025. This relief aimed at reducing liabilities may reduce … Read more